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Last €0.0010 EUR
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As of 3:13 AM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

greatland gold plc (G8G) Snapshot

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greatland gold plc (G8G) Details

Greatland Gold plc engages in the exploration and development of natural resource properties in Tasmania and Western Australia. It primarily explores for gold deposits. The company holds interests in the Ernest Giles project that comprises three contiguous tenements covering an area of 945 sq kms located to the north east of Laverton; the Bromus project located in the southern Yilgarn region; the Warrentinna project, which includes two contiguous tenements covering an area of 113 sq kms; Firetower project that consists of four contiguous tenements covering a total area of 265 sq kms; and the Lisle project located to the northeast of Launceston in north-east Tasmania. Greatland Gold plc was founded in 2005 and is headquartered in London, the United Kingdom.

Founded in 2005

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greatland gold plc (G8G) Key Developments

Unity Mining Ltd Announces End of Farm-In Agreement at Greatland Gold's Firetower Project

In October 2011 Unity Mining Ltd. entered into a farm-in agreement with Greatland Gold at Greatland Gold's firetower project in northern Tasmania, Australia. Under the agreement Unity could earn up to 75% of the licences by incurring a specified level of exploration expenditure over a five year period. Since 2011, Unity has carried out significant field operations including airborne and ground geophysical surveys and diamond drilling. Results were encouraging and further work had been planned. However, Unity has recently advised Greatland that it had not met the farm-in expenditure commitments within the agreed timeframes despite expenditure of approximately AUD 1.84 million. Greatland has therefore provided Unity with formal termination of the agreement. Greatland confirms that it retains 100% of the licences and will resume management of the project backdated to 1 July 2015. Any unresolved environmental obligations as a result of work carried out by Unity are the responsibility of Unity and will be notified to Unity on advice from mineral resources Tasmania.

Greatland Gold plc Commences Drilling at Ernest Giles

Greatland Gold plc announced that drilling has begun at its Ernest Giles project. The Ernest Giles project is located in central Western Australia. Greatland has begun drilling gold and nickel targets at Ernest Giles. Drilling to include gold targets at Empress and Meadows, and the new Carnegie nickel target. First batch of samples are expected to be dispatched to the laboratory in the coming days.

Greatland Gold plc Receives Government Approvals to Begin Drilling at Ernest Giles Project, Western Australia

Greatland Gold plc announced that it has received Government approvals to begin drilling at its Ernest Giles project. Ernest Giles Project, Western Australia: the Ernest Giles project is located in central Western Australia, covering an area of 945 square kilometres that includes over 100km of gold and nickel prospective rocks. The area is covered by desert sands and sediments, making it virtually unexplored. The region is home to several successful exploration discoveries such as Tropicana, which contains over 7 million ounces, and Yamarna, with over 3.5 million ounces. Greatland has received formal government approvals to begin drilling. Drill access at Ernest Giles has been established and field crews are on the ground making further preparations for the arrival of equipment.


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